Improving education infrastructure in the City of Espoo
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Approval date
29 January 2021
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Borrower
City of Espoo
- Country
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Loan size
€ 80 000 000
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Line of action
Inclusive growth
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Status
Completed
An additional loan request of €80 million, increasing the total amount of the loan to €160 million, to support educational investments during the period 2020-2022 and to enable the City to continue to adapt its infrastructure and to develop districts in response to a steady growth in population and diversity.
Final beneficiaries will be inhabitants of the City of Espoo, in particular, children in day care centres, school pupils and staff of public educational infrastructures. Young families and city residents attending cultural events or involved in special interest clubs will also benefit from the upgraded infrastructure and amenities.